Newsletter – April 18, 2019
AIR FREIGHT UPDATES
Jet Airways Cancels All Flights
India’s Jet Airways has suspended all flights after failing to attract interim funding to keep it in the air. Read more here.
OCEAN FREIGHT UPDATES
Digital initiative can ‘change course’ of container shipping
The formation by leading carriers of a shipping association tasked with developing common standards to speed the digitalisation of container shipping could unleash much-needed efficiencies and value in global supply chains, according to one leading logistics consultant. Read more here.
Return to index-linked contracts an idea gaining traction with BCOs and forwarders
It’s time for the liner industry to ditch the flawed fixed tender process where “someone always loses” and revisit index-linked contracts. Read more here.
GROUND AND RAIL FREIGHT UPDATES
CN launches new pilot project using electric trucks
Montreal, QC — CN announced that it has signed a Memorandum of Understanding (MOU) with The Lion Electric Co. for the conception, design and manufacturing of eight tandem axle, Class 8, zero-emission, electric trucks as part of its larger sustainable strategy to reduce emissions through innovation. Read more here.
Another shipping line joins Maersk-IBM blockchain platform
Haifa, Israel — ZIM Integrated Shipping Services announced that it has signed on as a member of TradeLens, a blockchain-enabled digital shipping solution jointly developed by A.P. Moller-Maersk and IBM. Read more here.